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5/9/20 Updates on SBA Resources
There’s a lot of information (and a lot of MISSING information) regarding stimulus funds currently. Here are a few new pieces of info to know: +According to the SBA, lenders supporting PPP loans “must make the first disbursement of the loan no later than 10 calendar days after the loan is approved.” Read more +The Treasury is…
TTB Postpones Excise Tax Due Dates
The TTB announced on March 31 that they will postpone excise tax filing and payment due dates for 90 days. The full announcement and details of their plan can be read in their newsletter. The craft beverage coalition, which the American Cider Association is proud to support, asked for excise tax relief in a joint…
Ask a professor: Is it safe to order cider right now?
Anna Katharine Mansfield is an Associate Professor of Enology at the Cornell Craft Beverage Institute in Geneva, NY. We met Anna Katharine during the New York Cider Association’s Virtual Town Hall and followed up with some questions for our members about how to protect employees and customers from the novel Corona virus. ACA: Is it safe…
COVID Resources for Canadian Cideries
Hello! This is Kristen Needham Jordan from Sea Cider in British Columbia, Canada. American Cider Association has asked me to compile COVID Crisis information for the benefit of the ACA’s Canadian members, so here goes… I’m sure I have met many of you over the years at CiderCon, Cider Summits or cider events in Canada.…
Senate Passes the CARES Act
The US Senate just passed the CARES Act, or what is commonly known as the Phase III COVID-19 economic stimulus package. The bill includes many things (here is a good summary), but 3 things in particular will help the cider industry. It puts cash directly in the pockets of most Americans It extends unemployment and expands…
Americans Are Stocking Up on Cider
It’s no secret that shopping patterns have dramatically changed since it became clear that the Corona virus was here. The subject of endless memes, grocery shelves–especially the toilet paper section–are picked clean as people stock up for the long haul. According to Nielsen’s off-premise sales data, consumers are also stocking up on cider. Off-premise sales…
Craft Beverage Coalition Letter to Congressional Leadership Seeking Support in COVID-19 Relief Package
The American Cider Association joined trade groups for wine, spirits, beer and mead in requesting the following support for the beverage alcohol community during the Covid-19 Pandemic: Expand Unemployment Insurance Suspend Payroll taxes Provide federal excise tax relief Provide Robust no- and low-interest loan assistance Create an industry stabilization fund Maintain an open commercial border…
Covid Resources for Cideries
We are in unprecedented times. We know you are facing economic uncertainty. As your association, we are here to listen to your challenges, and get help on its way in whatever capacity we can. Here are a few things we’re doing to help. Provide an informational hub specific to our industry’s needs: We’ve launched our Covid-19…
Tax Class Code Update
Since the enactment of the CIDER Act, the cider tax rate applies to products that are under 8.5% ABV, under 0.64 gram of carbon dioxide per 100 milliliters and contain no other fruit than apples or pears. Until very recently, the TTB was requiring a tax class code on all products eligible for the hard…
Regional Cider Resilience
According to our partners at Nielsen, 2017 ended with soaring regional cider brand growth yet slight overall negative off-premise cider sales from the year before. Two year laters, annual total off-premise sales for 2019 were 6% higher than at the end of 2017. In a world where year over year or quarter over quarter is…